Published date: 7 May 2019

Last edited date: 7 May 2019

This notice was replaced on 18 June 2019

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 18 June 2019)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Contract summary

Industry

  • Business services: law, marketing, consulting, recruitment, printing and security - 79000000

Location of contract

North East

Value of contract

£98,000

Procurement reference

DCC001-DN408472-71913518

Published date

7 May 2019

Closing date

3 June 2019

Contract start date

10 June 2019

Contract end date

31 March 2022

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

This contract is for Due Diligence Services for the County Durham Growth Fund (CDGF).

The County Durham Growth Fund is a new grant programme for SMEs in County Durham for capital investment projects to stimulate and enable sustainable business growth, and is funded by the European Regional Development Fund (ERDF) as part of the 2014-2020 European Structural and Investment Fund Programme.

This external due diligence service is being procured for Business Durham, the economic development organisation for Durham County Council, who will be delivering the County Durham Growth Fund in partnership with BE Group.

The successful contractor will provide due diligence support to Business Durham and BE Group on grant applications submitted to BE Group, by qualifying SMES and approved in principle by the investment panel, including (but not limited to) preparation of reports with recommendations covering eligibility of expenditure, viability, deliverability, management capability and State Aid compliance.

The project will be delivered on behalf of Durham County Council.

More information

Previous notice about this procurement

County Durham Growth Fund Due Diligence Services

  • Opportunity
  • Published 7 May 2019

Links

About the buyer

Contact name

Guy Aynsley

Address

Durham County Council
County Hall
Durham
DH1 5UL
England

Email

guy.aynsley@durham.gov.uk

Website

http://www.durham.gov.uk